Bullish option flow detected in Upstart Holdings with 25,881 calls trading, 1.4x expected, and implied vol increasing almost 5 points to 105.30%. 10/11 weekly 44 calls and Oct-24 42 calls are the most active options, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 7th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPST:
- Upstart Holdings call volume above normal and directionally bullish
- Upstart price target raised to $48 from $33 at Mizuho
- Upstart prices upsized $375M convertible senior note offering
- Morning Movers: Bausch + Lomb surges as said to consider potential sale
- Upstart announces offering of $300M of Convertible Senior Notes due 2029